Simon Birmingham (SA, Liberal Party, Assistant Minister for Education and Training) Share this | Hansard source

There is one great big threat to Australian households and businesses, and that of course is Mr Bill Shorten and the Australian Labor Party and their proposal to bring back the carbon tax. Their proposal is to bring back a supercharged carbon tax, a carbon tax that will see prices skyrocket, not to the $24 that they charged when they were last in office but to an estimated $209 per tonne—under their own modelling. Modelling performed for the Labor Party when the Labor Party were in office demonstrates a carbon price hitting $209 per tonne.

That modelling, done by the Labor government for the Labor government, shows that their targets would see Australian income per person some $4,900 lower than would be the case without their new carbon tax. Real wages would be around six per cent lower. Australia's GDP would be around 2.6 per cent lower in 2030, hurting jobs growth in this country. (Time expired)